#automotive semiconductor#

Samsung Electronics Restructures for AI Chip Focus, Shifts from Auto Chip

Samsung Electronics is restructuring to prioritize AI chips, reallocating resources and affected by the rise of AI and electric vehicle market changes.

ON Semiconductor to Lay Off 1,000 Employees and Merge 9 Factories

ON Semiconductor plans to lay off 1,000 and merge 9 factories, aiming to reduce costs. This is expected to generate personnel expenses. Revenue is affected by market conditions.